1.

Define the term e-Business. What are the advantages and challenges of e-Business? Write any two e-Business websites.

Answer»

E-business(electronic Business): Providing services or running business through internet is called E-business. 

Advantages of e-business: 

  • It overcomes geographical limitations 
  • It reduces the operational cost 
  • It minimizes the time and cost 
  • It remains open all the time 
  • We can locate the product faster from a wider range of choices Challenges to E business 
  • Peoples are unaware of IT applications and its uses 
  • Most peoples don’t have plastic money(credit / debit card) and net banking 
  • It requires high security measurements otherwise you may lose money 
  • We can’t touch or smell products through online
  • Some companies may not have proper Goods delivery service Useful e-Business websites.
Address of websitePurpose/service
www.irctc.inwebsite of Indian Railway and Tourism Corporation Ltd. to reserve and cancel train tickets and room booking
www.amazoon.comUs based marketing company headquarters in Washington
www.ebay.inlargest online shopping site in India
www.licindia.comWebsite of Life Insurance Corporation of India
www.airindia.comWebsite of Ari India to book/cancel air tickets
www.makemytrip.comwebsite for reserving and cancelling tickets for journey and room booking
www.keralartc.comWebsite of KSRTC to book bus tickets



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